Skip to content
Sector Intelligence

SaaS

Software-as-a-Service businesses offering cloud-based tools and platforms to businesses.

12
Startups tracked
$4.5B
Total capital raised
Bengaluru
Top hub ยท 3 of 12
1996-2017
Founding span
Market concentrationby capital raised
30%
of sector capital sits with Freshworks alone ($1.4B of $4.5B).
Freshworks $1.4BOther 11
Stage mix12 startups
late10
growth1
public1
GeographyHQ city
Bengaluru3
Mumbai2
Pune2
San Francisco2
Chennai1
Top fundedthe sector's capital leaders
All startups 12primary members first, then by capital raised
FreshworksPrimarypublic
India-origin, San Mateo-HQ SaaS company for customer service, CRM and IT service management; first Indian SaaS firm on Nasdaq.
2010San Mateo$1.4B
ChargebeePrimarylate
Chennai-origin, US-HQ SaaS platform automating subscription billing and revenue operations for businesses.
2011San Francisco$468M
GupshupPrimarylate
Gupshup provides a conversational-messaging (CPaaS) platform enabling businesses to engage customers over WhatsApp, SMS and other channels.
2004Mumbai$460M
PostmanPrimarylate
India-origin, San Francisco-HQ API platform used by millions of developers to build, test and collaborate on APIs.
2014San Francisco$426M
DarwinboxPrimarylate
Darwinbox is a cloud HR/HCM platform for enterprises across Asia and beyond, competing with SAP and Oracle.
2015Hyderabad$386M
MindticklePrimarylate
Mindtickle offers a sales-readiness and revenue-enablement platform for training, coaching and analytics of customer-facing teams.
2011Pune$280M
WhatfixPrimarylate
Whatfix provides a digital adoption platform delivering in-app guidance and onboarding across enterprise software.
2014Bengaluru$264M
BrowserStackPrimarylate
Mumbai-founded cloud platform for testing websites and mobile apps across real browsers and devices.
2011Mumbai$250M
MoEngagePrimarylate
MoEngage is an insights-led customer-engagement platform for cross-channel marketing and retention.
2014Bengaluru$248M
IcertisPrimarylate
Icertis provides an AI-powered contract lifecycle management (CLM) platform that digitizes and governs enterprise contracts.
2009Pune$245M
HasuraPrimarygrowth
Hasura builds an open-source GraphQL engine that instantly composes real-time APIs over databases and services for developers.
2017Bengaluru$136M
ZohoPrimarylate
Chennai-origin, bootstrapped global SaaS company offering a broad suite of business applications.
1996Chennai
Explore more